# KEMBA FINANCIAL
Gahanna, OH · NCUA charter 61623 · asset band $1-10B · latest filing 2026-03 · live
Share link (named URL with a preview card): https://getbookiq.com/cu/kemba-financial-61623

Who the members are: state charter, organized 1933. 140,458 members of 1,560,644 potential (9.0% of the field); checking penetration 60% (share draft accounts per 100 members); loans per 100 members 72.

**Verdict on the desk:** this could be *indirect buyer*. Composite score 2 of 18 (one point per flag across 17 flags, capital below 7% counted twice).

## What the filing shows

| Measure | Value |
|---|---|
| Total assets | $2.42B |
| Members | 140,458 (3.8% YoY) |
| Full-time staff | 337 |
| Net worth | $305.6M |
| Net worth ratio | 12.6% (p78 of band) |
| ROA (annualized) | 0.99% (p74 of band) |
| Total delinquency | 0.61% (p49 of band) |
| Net charge-offs (annualized) | 0.52% (p51 of band) |
| Loans / shares | 91% (p65 of band) |
| Cash / assets | 3.3% |
| Borrowings / assets | 2.42% |
| Net interest margin | 3.64% (p72 of band) |
| Operating expense / assets | 3.22% (p50 of band) |
| Vehicles % of loans | 39% (p77 of band) |
| Indirect vehicle % of vehicle (all-channel basis before 2022) | 77% |
| Third-party paper % of net worth | 196% (p66 of band) |
| Vehicle delinquency | 0.70% (p59 of band) |
| Vehicle NCO | 0.86% (p42 of band) |
| Repossessed % of vehicle book | 0.00% (p11 of band) |
| Real estate % of loans | 33% |
| Credit cards % of loans | 7% |
| Unsecured % of loans | 12% |
| Commercial % of net worth | 85% |
| Core shares % of member funds | 26% |
| Certificates % of member funds | 22% |
| Average share balance | $5,937 |
| Participations bought / yr | $2.6M |
| Participations sold / yr | $0 |
| Participations outstanding | $44.2M |
| Loans outstanding per 100 members | 72% |
| Loans granted per 100 members, annualized | 16% |
| Average loan balance | $18,300 |
| Loans granted, annualized | $553.8M |

## Participation posture (from the same filings)

Bought $2.6M and sold $0 in the latest annualized quarter; $44.2M outstanding purchased (14.4% of net worth), $60.9M sold and retained. Sold in 7 and bought in 8 of the last 8 quarters. Shares 4.4% year over year.

## Flags firing in the latest filing

- **delinquency rising** (`aq_dq_rising`)
- **3rd-party paper>100% NW** (`str_thirdparty`)

## Warning timeline

| Quarter | Score | Flags that first fired | Flags that cleared |
|---|---|---|---|
| 2016-03 | 3 | loans>95% of shares, leaning on borrowings, 3rd-party paper>100% NW |  |
| 2016-06 | 3 |  |  |
| 2016-09 | 3 |  |  |
| 2016-12 | 3 |  |  |
| 2017-03 | 2 |  | loans>95% of shares |
| 2017-06 | 3 | loans>95% of shares |  |
| 2017-09 | 2 |  | loans>95% of shares |
| 2017-12 | 1 |  | leaning on borrowings |
| 2018-03 | 1 |  |  |
| 2018-06 | 4 | net worth falling, loans>95% of shares, leaning on borrowings |  |
| 2018-09 | 3 |  | loans>95% of shares |
| 2018-12 | 3 |  |  |
| 2019-03 | 3 |  |  |
| 2019-06 | 1 |  | net worth falling, leaning on borrowings |
| 2019-09 | 1 |  |  |
| 2019-12 | 1 |  |  |
| 2020-03 | 2 | margin squeeze |  |
| 2020-06 | 3 | net worth falling |  |
| 2020-09 | 2 |  | net worth falling |
| 2020-12 | 2 |  |  |
| 2021-03 | 2 | net worth falling | margin squeeze |
| 2021-06 | 1 |  | net worth falling |
| 2021-09 | 1 |  |  |
| 2021-12 | 1 |  |  |
| 2022-03 | 1 |  |  |
| 2022-06 | 1 |  |  |
| 2022-09 | 2 | delinquency rising |  |
| 2022-12 | 1 |  | delinquency rising |
| 2023-03 | 3 | delinquency rising, leaning on borrowings |  |
| 2023-06 | 3 |  |  |
| 2023-09 | 3 |  |  |
| 2023-12 | 3 |  |  |
| 2024-03 | 3 | net worth falling | leaning on borrowings |
| 2024-06 | 3 |  |  |
| 2024-09 | 1 |  | delinquency rising, net worth falling |
| 2024-12 | 1 |  |  |
| 2025-03 | 1 |  |  |
| 2025-06 | 1 |  |  |
| 2025-09 | 1 |  |  |
| 2025-12 | 1 |  |  |
| 2026-03 | 2 | delinquency rising |  |

## In the news (Google News, unfiltered, newest first; check the city)

- 2026-03-12 [Donna Grimmett, Professionally Recognized at KEMBA Financial Credit Union - Columbus Business First - The Business Journals](https://news.google.com/rss/articles/CBMikgFBVV95cUxQUkZORW0ya2ZYQXlDdmpaenkyV09tYm9QVE9URnVfWEw5enZ0bElDVlBRcG0tNno3bjVfWnRPalNZRlhiYUhEWkhOWXlZYXI5VEJ3dUViNGR5ZzAzSWtReEFoSTRtY21WS2Z6aXhIc2NabWd6dnQ4U1V2WUs1OWpmbEdyczI2Z1NpZDk3Q2I4elBGZw?oc=5) · The Business Journals
- 2026-01-01 [Gahanna police investigating after stolen ATM recovered nearby - 10TV](https://news.google.com/rss/articles/CBMi4gFBVV95cUxQb3lwdVRZbnVnblQ4WjJnSjFkQVdpa2lsOHJVNkNFVVN6WDVXTVJ4Y3I5QlhZS0JJRURZUll2TE1YTHNaM0xkRUtSOWZjWnFRdUh0eExiQk1rR0hKWUdGWHZ6OU9rYTlEcTdJWlI1LTA0eWowT215Y2hLSjVpb3ZvdXl1SjRFa2pVVWhyV09xV3NrLVV2NjZ4Z2xpNWJGR1M5cDBVYnExcWpZMlRLcU94NkNqclhBNzF1X0lUWDdNemJXbEtrVXo0RGZkQmtmazBZbC1rWUxrbjdGaG1qUFpOM3pn?oc=5) · 10TV
- 2025-08-15 [KEMBA Financial Credit Union names new President & CEO, effective October 1 - CUInsight](https://news.google.com/rss/articles/CBMiswFBVV95cUxPLV9hM3o2aHVyT1RoVm1OWmFtT3RnV3RwTUl4dHFzbHRyWmwyRjZkMUJ2S2hXUkF5WjdqaWxaeENweGRiZ2hzcTExS1V6dDd6NU9TSmh1eDN1WnJxSnhVODZuM0VBZjJEVVpMZk5mRXMxb2p3N2o3cmkzSFgwMWFSNFBSXzVvR0RDYnVyX2tjZ2pSNGthSEFKSl92S0RyNEtZeTdNcEVUbXdqZ0F2M1M4Rk9VZw?oc=5) · CUInsight
- 2025-09-05 [Kemba Financial to open Delaware location - Delaware Gazette](https://news.google.com/rss/articles/CBMihwFBVV95cUxPS0h2T0pLNWtWNjQzbmxXS2hveW1LdFZiTnlIOVphSTY4YkR3SlU3aVRrQ3BEZU84WU9uY1JWLV9pMXB0MGsxYnBGekVGM2k0WnNvU0tRX3dJNkZIdmpjV3U1RVp3ZGhWVF9jUEhBQmVxam84Rk1vTXRpNUh2NklCc05icHFsanM?oc=5) · Delaware Gazette
- 2020-10-26 [Best of Business top vote-getter: Kemba Financial Credit Union - Columbus CEO](https://news.google.com/rss/articles/CBMi1AFBVV95cUxQU2o3TW5aTV95U1FXeGVpOTdZM1QycXh5VlNyWlZoMGxtWl9Lckl0cHJsNUpYbVZTWVlZWHpOUlNEcUpQdnhnQUtrc3BLOGdOMHE2d0JWOWV5V1o3Mk1VR0pMR0FVMy1mcDNvcTU0YjRhQXRGNllSRFFvX0hjODNmSXdwMWhVaEdUWTNtVGE1MVhYVzNCR1FCYWN5WnZ1cGpaLWJLSkNSZWtkTGhDSzdvQmJXdUdwNmxkTXliMy1EdTFGRXRVUHhEMjVmS0x6cTRCeUpaYw?oc=5) · Columbus CEO
- 2022-04-28 [KEMBA Financial Credit union announces exclusive naming rights of PromoWest Productions/AEG presents concert venue in Columbus, OH; introduces KEMBA Live! - CUInsight](https://news.google.com/rss/articles/CBMinAJBVV95cUxPMjMwdVlDWkVTOUNSenozWF9qM1ZIR2xjeThfay1VUEVQSmk5WHA4QlJBc0Y2YUdsV21qazVQR0VmZ29TVEdsR3R0UDJCR2ZqSHVEU1lKcks5MjRrOEhTY2ZvYk1GU3JNSTBZT1BnZUNRT2VScTFqaE56TW1kOHFVYVNuSGNES3NqSG1tWTVtemtOVzE0UHF4aUJWSDg3dnM4LUxabnZvRXRIalNWZ2VwVjk1RWhpOFBfN3RzVVQyU2tQS05la0tGakFObGpvbjlKU2RzRUF1OWp0Nm9YSWIwTHRkaTdCU290NWVPYllnNzBVVnZPdWR5Y05yaFhZa0piV0N6RjZ3VGI5RFYtc2hGZWprRmF6U3lLenZJQw?oc=5) · CUInsight
- 2025-06-25 [Fast-growing Central Ohio financial institution moving to Dublin from Columbus - The Business Journals](https://news.google.com/rss/articles/CBMilgFBVV95cUxOYjdsREF4UF9QUEp4QkNPVkdpRElqelQxWlEzdkNqOVpVV20yNXBWVXFnWVYyVE5QeEVkV0taY3NZTURkRlhDaURyTGh2Uk4zSnd6alB1OGhNQ3RWc2F6bW1GUEZjZEExNTdLbjk5Y0pqUDNQQTBYRGZGV05xS3RhTkZpQ1F2RkpGZlhzRjFkb1hIN0dMVkE?oc=5) · The Business Journals
- 2022-03-19 [Central Ohio Credit Union announces hiring of new Chief Lending Officer - CUInsight](https://news.google.com/rss/articles/CBMisgFBVV95cUxONUYzUXVqY0wtcnZKUzYwMjRnNjNsMndmdk96UTRTdWlGZEJucHNCVVFfdmdPMHdWOG0xSzFEN0hTNVVrSzZCSy11TzNOeTkwdzRVMmtTNXpZVXNjUXZVbTA3WV9hMmdWQ3dVN3RVc0l6d3hqak9MTHNUaE9faDRmLUhXTjdBX2NKUkRFVFllN2lnY3BTblNCUFpjMjY5UV82OVhBbE5GTGZLbjBfMUFwLUd3?oc=5) · CUInsight

## How to verify

- Page: https://getbookiq.com/cu-intel/#cu=61623 (every cell opens its formula and NCUA account codes; the News tab is the same search)
- Latest row, JSON: https://getbookiq.com/cu-intel/data/summary.json · history: https://getbookiq.com/cu-intel/data/h/55.json (key "61623", columns cycle, assets, loans, shares, networth, nwr, roa, total_dq_pct, total_nco_pct, vehicle, veh_pct_loans, indirect, ind_pct_veh, ind_veh, ind_re, ind_comm, ind_other, ind_pct_loans, loans_n, granted_n_ytd, granted_ann, loan_pen, granted_pen, avg_loan_bal, loans_per_fte, veh_part, tp_pct_nw, veh_dq_pct, veh_nco_pct, repo_pct_veh, members_yoy, ltos, cash_pct, borrow_pct, nim_pct, opex_pct, risk_score, members, fte, cash_total, invest_sec, allowance_eff, int_income_ytd, int_exp_ytd, provision_eff_ytd, nonint_income_ytd, nonint_exp_ytd, net_income_ytd, n_flags, re_pct_loans, cc_pct_loans, comm_pct_loans, cert_pct_shares, core_pct_shares, part_buy_ann, part_sell_ann, pot_members, sh_draft_n, chk_pen, fom_pen, flags)
- Participation history: https://getbookiq.com/participation-desk/#cu=61623
- Field definitions: https://getbookiq.com/dictionary/#cu-ltos and the rest of the credit union dictionary
- Source: NCUA 5300 call report bulk files. Income fields are annualized by cycle month (Mar x4, Jun x2, Sep x4/3, Dec x1). Percentiles are within the asset band in the same quarter.

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Rendered 2026-09-10 from the desks' own data files. Full guide: https://getbookiq.com/guide